Josh Savage
Senior Associate Corporate & Finance
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Overview
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Experience
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Credentials
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Insights and events
Josh brings a rich philosophical background and practical business experience to his real estate finance and development practice. He has experience representing lenders, private equity firms, developers, and REITs in the financing, acquisition, development, leasing, reorganization, and disposition of a wide range of asset classes across the United States and internationally.
Josh’s work highlights include representing an international private equity firm in a multi-billion dollar programmatic sale-leaseback portfolio for US-based retail and industrial assets. His financing work has included both lender and borrower-side representation in construction, permanent, and mezzanine loans.
While in law school, Josh served as a solicitor clerk for the Islington Law Centre in London, where he prepared immigration appeals. Josh was also a judicial intern to U.S. District Court Magistrate Judge James R. Knepp II in Ohio. Josh also worked as an adjunct faculty member at the University of Toledo teaching courses in legal theory and medical ethics.
Representative experience
Civitas Capital Group in closing a US$150m senior construction loan to finance the development of a new Hilton-branded oceanfront hotel on the Hawaiian island of Kauai.
A Korean trust, as the junior mezzanine lender, in the workout and extension of an existing US$480m aggregate loan secured in part by a 4-building, 750,000 sqf mixed-use campus in Brooklyn, NY.
Calmwater Capital in the closing of a US$34m loan to the Prime Company, proceeds of which were used to refinance Oxford Vista, a multifamily apartment building in Englewood, CO.
Bizzi & Partners on its US$313m joint financing with Fortress Investment Group LLC and U.S. Immigration Fund, LLC for the construction of a luxury condominium skyscraper in lower Manhattan.
HungerRush LLC on the negotiation of a back-to-back sublease and direct lease for new 15,000+ sqf office HQ, and a new direct lease for 6,000+ sqf of office warehouse space in Houston, TX.
Welltower in connection with a US$350m loan from Key Bank and Fannie Mae as a cash out re-financing on a portfolio of 32 senior living properties across Missouri, New York, Ohio, and Pennsylvania.
Welltower on its acquisition of a 3 property portfolio of California Assisted Living and Memory Care facilities with a value of US$167m in a tax deferred transaction for operating partnership units.
Welltower on its acquisition of a 3 property portfolio of California skilled nursing facilities for US$145m and implementation of a REIT RIDEA structure and management agreement.
Calmwater Capital, LLC on a US$55.7m construction loan to a condominium developer for the construction of the Athena Condominiums, a 53-unit luxury condominium development near downtown Nashville, TN.
Greystar on its US$35.25m loan from Ameris Bank in connection with the construction of a 210 unit market rate apartment complex in Athens, Georgia.
U.S. Bank on the refinancing of a market-rate multifamily complex in suburban Kansas City, MO.
Credentials
- J.D., University of Notre Dame Law School, cum laude, 2016
- M.A., University of Toledo, 2012
- B.S., Ball State University, cum laude, 2008
- Colorado
- Indiana